The SHIB price rose nearly 10% today amidst a significant whale accumulation. An early SHIB investor, who had gained $145 million in profits, has re-entered the market after two years as the entity in the past five hours purchased 715.8 billion SHIB for $18.5 million which significantly pumped the Shiba Inu price. The recent whale activity comes after a massive spike in SHIB burn which has further fueled the investor’s confidence. The Shiba Inu price was up by 9.7% and is currently trading at $0.00002572.

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